Investors Still Have Confidence in Stocks

For a bear market, stocks have moved surprisingly well this week. Thursday was the third straight day of gains for major indexes. Investors are confident with corporate earnings performing better than expected. All three major indexes posted gains yesterday. The NASDAQ Composite grew by 1.36% or 161.96 points. It's now up 7.37% over the last month. The S&P 500 Index ended the day up 0.99% or 39.05 points. This puts it up 5.50% over the last month. The Dow Jones also performed well, growing 0.51% or 162.06 points in yesterday's trading session. It's now up 4.59% over 30 days. Positive movement is fueled by the state of corporate earnings. This suggests the economy is in a better place than analysts feared. You can ride this growth with picks focused on long-term upsides. CrowdStrike (NASDAQ: CRWD) is a cyber-security firm that is currently showing great promise. Earnings are on track to grow at a rate of 85.1% this fiscal year. The stock closed at $188.15 yesterday. The average target of $234.17 hints at a strong return if buying now. The stock is up 8.06% in the past month, narrowly beating the wider NASDAQ index. The news is proof that markets have loads of potential. You can make the right decisions with these investment strategies. The information above is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are our own and we have not been compensated in any way to review the symbols mentioned above.  sponsored ads below “Financial Nostradamus” makes bone-chilling prediction… In 2019, this man wrote a book called Aftermath that shocked the world by predicting that “Something on the scale of a global pandemic will be the cause of the next financial crisis” And that “it will happen with 100% certainty” in the next few years. Just four months later we had the first reported case of the coronavirus. Now he’s back with another bone-chilling prediction. 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